Ending crude exports ban would help U.S. security

Lifting the 40-year-old export ban on U.S. crude oil would have far-reaching effects on pricing, energy security and energy sector investment, according to a new report by the Center for Energy Studies (CES). Kenneth B. Medlock III, the James A. Baker III and Susan Baker Fellow in Energy and Resource Economics and senior director of the CES, presented the findings at the National Press Club in Washington, D.C.